ARSt.LawrenceCountyIndustrialDevelopmentAgencyCivicDevelopmentCorporation2017

Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Governance Information (Authority-Related) Question Response URL (if applicable) Has the Authority prepared its annual report on operations and accomplishments for the reporting period as required by section 2800 of PAL? Yes http://www.slcida.com/assets/files/CDC/2017%20IDACDC_Mission_and_Perfo rmance.pdf As required by section 2800(9) of PAL, did the Authority prepare an assessment of the effectiveness of its internal controls? Yes http://www.slcida.com/about-the-slc-ida-cdc/policies-documents/annualreports-financial-statements.html Has the lead audit partner for the independent audit firm changed in the last five years in accordance with section 2802(4) of PAL? Yes N/A Does the independent auditor provide non-audit services to the Authority? No N/A Does the Authority have an organization chart? Yes http://www.slcida.com/assets/files/CDC/Organizational%20Chart-CDC.pdf Are any Authority staff also employed by another government agency? Yes St Lawrence County Industrial Development Agency Has the Authority posted their mission statement to their website? Yes http://www.slcida.com/about-the-slc-ida-cdc/duplicate-of-ida-civicdevelopment-corp.html Has the Authority's mission statement been revised and adopted during the reporting period? Yes N/A Attach the Authority's measurement report, as required by section 2824-a of PAL and provide the URL http://www.slcida.com/assets/files/CDC/2017%20IDACDC_Mission_and_Perfo rmance.pdf Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Governance Information (Board-Related) Question Response URL Has the Board established a Governance Committee in accordance with Section 2824(7) Yes of PAL? N/A Has the Board established an Audit Committee in accordance with Section 2824(4) of PAL? Yes N/A Has the Board established Finance Committee in accordance with Section 2824(8) of PAL? Yes N/A http://www.slcida.com/about-the-slc-ida-cdc/meetinginformation/committee-information.html Provide a URL link where a list of Board committees can be found (including the name of the committee and the date established): Does the majority of the Board meet the independence requirements of Section 2825(2) of PAL? Yes N/A http://www.slcida.com/about-the-slc-ida-cdc/meetinginformation/committee-information.html Provide a URL link to the minutes of the Board and committee meetings held during the covered fiscal year Has the Board adopted bylaws and made them available to Board members and staff? Yes http://www.slcida.com/about-the-slc-ida-cdc/policiesdocuments.html Has the Board adopted a code of ethics for Board members and staff? Yes http://www.slcida.com/about-the-slc-ida-cdc/policiesdocuments.html Does the Board review and monitor the Authority's implementation of financial and management controls? Yes N/A 10 Does the Board execute direct oversight of the CEO and management in accordance with Section 2824(1) of PAL? Yes N/A Salary and Compensation Yes N/A Time and Attendance Yes N/A Whistleblower Protection Yes N/A Defense and Indemnification of Board Members Yes N/A 12 Has the Board adopted a policy prohibiting the extension of credit to Board members Yes and staff in accordance with Section 2824(5) of PAL? N/A 13 Are the Authority's Board members, officers, and staff required to submit financial Yes disclosure forms in accordance with Section 2825(3) of PAL? N/A 14 Was a performance evaluation of the board completed? Yes N/A 15 Was compensation paid by the Authority made in accordance with employee or union contracts? Yes N/A 16 Has the board adopted a conditional/additional compensation policy governing all employees? No 11 Has the Board adopted policies for the following in accordance with Section 2824(1) of PAL? Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Board of Directors Listing Hall, Mark C Name Chair of Board No If yes, Chair designated By Hooper, Donald J Name Chair of Board No If yes, Chair designated By Term Start Date 10/05/2015 Term Start Date 01/03/2017 Term Expiration Date 10/05/2018 Term Expiration Date Ex-Officio Title Title St Lawrence County Legislator Has the Board member appointed a designee? Has the Board member appointed a designee? No Designee Name Designee Name Ex-officio Ex-officio Nominated By Appointed By Yes Other Nominated Other Appointed By Confirmed by Senate? By Local Local Confirmed by Senate? Has the Board member/designee signed the acknowledgement of fiduciary duty? Yes Has the Board member/designee signed the acknowledgement of fiduciary duty? Yes Complied with training requirement of Section 2824? Yes Complied with training requirement of Section 2824? Yes Does the Board member/designee also hold an elected or appointed State gove No Does the Board member/designee also hold an elected or appointed State gove No Does the Board member/designee also hold an elected or appointed municipal government position? Yes Does the Board member/designee also hold an elected or appointed municipal government position? Yes Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Board of Directors Listing LaBaff, Ernest J Name Chair of Board No If yes, Chair designated By McMahon, Andrew J Name Chair of Board No If yes, Chair designated By Term Start Date 08/07/2017 Term Start Date 09/12/2016 Term Expiration Date 08/07/2020 Term Expiration Date 09/12/2019 Title Title Has the Board member appointed a designee? Has the Board member appointed a designee? Designee Name Designee Name Ex-officio Ex-officio Nominated By Appointed By Other Nominated Other Appointed By Confirmed by Senate? By Other Other Confirmed by Senate? Has the Board member/designee signed the acknowledgement of fiduciary duty? Yes Has the Board member/designee signed the acknowledgement of fiduciary duty? Yes Complied with training requirement of Section 2824? Yes Complied with training requirement of Section 2824? Yes Does the Board member/designee also hold an elected or appointed State gove No Does the Board member/designee also hold an elected or appointed State gove No Does the Board member/designee also hold an elected or appointed municipal government position? No Does the Board member/designee also hold an elected or appointed municipal government position? Yes Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Board of Directors Listing Staples, Brian W Name Blevins, Lynn Name Chair of Board Yes Chair of Board If yes, Chair designated By Elected by Board If yes, Chair designated By Term Start Date 08/07/2017 Term Start Date 05/19/2015 Term Expiration Date 08/07/2020 Term Expiration Date 05/19/2018 Title Title Has the Board member appointed a designee? Has the Board member appointed a designee? Designee Name Designee Name Ex-officio Ex-officio Nominated By Appointed By Other Nominated Other Appointed By Confirmed by Senate? By No Other Other Confirmed by Senate? Has the Board member/designee signed the acknowledgement of fiduciary duty? No Has the Board member/designee signed the acknowledgement of fiduciary duty? Yes Complied with training requirement of Section 2824? Yes Complied with training requirement of Section 2824? Yes Does the Board member/designee also hold an elected or appointed State gove No Does the Board member/designee also hold an elected or appointed State gove No Does the Board member/designee also hold an elected or appointed municipal government position? No Does the Board member/designee also hold an elected or appointed municipal government position? No Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Board of Directors Listing Weekes, Jr., R Joseph Name Chair of Board No If yes, Chair designated By Term Start Date 07/06/2015 Term Expiration Date 07/06/2018 Title Has the Board member appointed a designee? Designee Name Ex-officio Nominated By Appointed By Other Other Confirmed by Senate? Has the Board member/designee signed the acknowledgement of fiduciary duty? No Complied with training requirement of Section 2824? Yes Does the Board member/designee also hold an elected or appointed State gove No Does the Board member/designee also hold an elected or appointed municipal government position? No Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Staff Listing Name Title Group Department / Subsidiary Union Name Bargaining Unit Full Exempt Base Time/ Annualized Part Salary Time Actual salary paid to the Individua l Over time paid by Authority Performance Extra Pay Bonus Other Compensa tion/Allo wances/Ad justments Total Compens -ation Individual also paid by another entity to perform the work of the Authority If yes, Is the payment made by a State or local government Chief Financial Officer Executive FT Yes 0.00 0 0 0 Yes No Chief Kelly, Patrick J Executive Officer Executive FT Yes 6,987.00 3,201 0 0 3,201 Yes No Gilbert, Kimberly A Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Benefit Information During the fiscal year, did the Authority continue to pay for any of the above mentioned benefits for No Board Members Name Title Hooper, Donald J Weekes, Jr., R Joseph Staples, Brian W McMahon, Andrew J LaBaff, Ernest J Hall, Mark C Blevins, Lynn Board of Directors Board of Directors X Board of Directors Board of Directors Board of Directors Board of Directors Board of Directors X Severance Package Payment for Unused Leave Club Memberships Use of Corporate Credit Cards Personal Loans Auto Transportation Housing Allowance Spousal / Dependent Life Insurance Tuition Assistance MultiYear Employment None of These Benefits Other X X X X X Staff Name Title Severance Package Payment for Unused Leave Club Memberships Use of Corporate Credit Cards Personal Loans Auto Transportation Housing Allowance Spousal / Dependent Life Insurance Tuition Assistance MultiYear Employment None of These Benefits Other No Data has been entered by the Authority for this section in PARIS Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Subsidiary/Component Unit Verification Is the list of subsidiaries, as assembled by the Office of the State Comptroller, correct? Yes Are there other subsidiaries or component units of the Authority that are active, not included in the PARIS reports submitted by this Aut No Name of Subsidiary/Component Unit Status Requested Changes Subsidiary/Component Unit Creation Name of Subsidiary/Component Unit Establishment Date Entity Purpose Subsidiary/Component Unit Termination Name of Subsidiary/Component Unit Termination Date Termination Reason Proof of Termination No Data has been entered by the Authority for this section in PARIS Page of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Summary Financial Information SUMMARY STATEMENT OF NET ASSETS Assets Current Assets Cash and cash equivalents $855,637 Investments $0 Receivables, net $10,226 Other assets $0 Total Current Assets $865,863 Noncurrent Assets Restricted cash and investments $0 Long-term receivables, net $55,671 Other assets $0 Capital Assets Land and other nondepreciable property $0 Buildings and equipment $0 Infrastructure $0 Accumulated depreciation $0 Net Capital Assets $0 Total Noncurrent Assets Total Assets $55,671 $921,534 Page 10 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Current Debt Question Response Did the Authority have any outstanding debt, including conduit debt, at any point during the reporting period? Yes If yes, has the Authority issued any debt during the reporting period? Yes New Debt Issuances List by Type of Debt and Program Type Of Debt: Conduit Debt Project Amounts Clarkson Refunding Universi New ty 4001Total CDC2017-01 0.00 Program: CUSIP Number Bond Closing Date 04/26/2017 Taxable Status Issue Process Negotiated Interest True Interest Type Cost 6.5 Variable Term 20 Cost of Issuance ($) PACB Project URL 253,248.17 30,275,000.00 30,275,000.00 Page 14 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Schedule of Authority Debt Type of Debt Statutory Authorization ($) Outstanding Start of Fiscal Year ($) New Debt Issuances ($) Debt Retired ($) Outstanding End of Fiscal Year ($) 2,363,000.00 206,625,521.00 State Obligation State Guaranteed State Supported State Contingent Obligation State Moral Obligation Authority Debt - General Obligation Authority Debt - General Obligation Authority Debt - Other Authority Debt - Other Authority Debt - Revenue Authority Debt - Revenue Conduit Conduit Debt 0.00 178,713,521.00 30,275,000.00 Conduit Debt - Pilot Increment Financing Other State-Funded Other State-Funded Page 15 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Real Property Acquisition/Disposal List No Data has been entered by the Authority for this section in PARIS This Authority has indicated that it had no real property acquisitions or disposals during the reporting period Page 16 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Personal Property This Authority has indicated that it had no personal property disposals during the reporting period No Data has been entered by the Authority for this section in PARIS Page 17 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Property Documents Question In accordance with Section 2896(3) of PAL, the Authority is required to prepare a report at least annually of all real property of the Authority Has this report been prepared? Has the Authority prepared policies, procedures, or guidelines regarding the use, awarding, monitoring, and reporting of contracts for the acquisition and disposal of property? In accordance with Section 2896(1) of PAL, has the Authority named a contracting officer who shall be responsible for the Authority's compliance with and enforcement of such guidelines? Response Yes URL (if applicable) http://www.slcida.com/about-the-slc-ida-cdc/policiesdocuments/annual-reports-financial-statements.h Yes http://www.slcida.com/about-the-slc-ida-cdc/policiesdocuments/annual-reports-financial-statements.h Yes Page 18 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Grant Information This Authority has indicated that it did not award any grants during the reporting period Page 19 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Loan Information Source of Loan Funds: Name of Loan Recipient: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Original Amount of Loan: Date Loan Awarded: Interest Rate(%): Length of Loan(# of years to repay): Amount of Loan Prinicipal Repaid to Date: Purpose of Loan: Other Ogdensburg Bridge and Port Authority (CDCOne Bridge Plaza OGDENSBURG NY 13669 USA $87,000 06/20/2012 2.63 $87,000.00 Land Acquisition/Development /Infrastructure Costs (i.e., Water/Sewer) Was the Loan expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? Have the terms of the loan been completed? Yes Source of Loan Funds: Name of Loan Recipient: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Original Amount of Loan: Date Loan Awarded: Interest Rate(%): Length of Loan(# of years to repay): Amount of Loan Prinicipal Repaid to Date: Purpose of Loan: Other St Lawrence County Chamber of Commerce 101 Main Street CANTON NY 13617 USA $22,000 10/01/2015 2.63 $22,000.00 Marketing and Business Recruitment Was the Loan expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? Have the terms of the loan been completed? Yes Page 20 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Loan Information Source of Loan Funds: Name of Loan Recipient: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Original Amount of Loan: Date Loan Awarded: Interest Rate(%): Length of Loan(# of years to repay): Amount of Loan Prinicipal Repaid to Date: Purpose of Loan: Other St Lawrence Fire Training Facility 294 West Parishville Road POTSDAM NY 13676 USA $290,000 06/20/2014 2.63 10 $232,770.30 Equipment and Fixed Asset Acquisition Was the Loan expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? Have the terms of the loan been completed? No Page 21 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Bond Information Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: Canton-Potsdam Hospital 50 Leroy Street POTSDAM NY 13676 USA $8,015,000.00 Date Bonds Issued: 08/30/2010 Bond Interest Rate: 2.67 Last Year Bonds Expected to be Retired: 2036 Amount of Bond Principal retired during the reporting year: $180,000 Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: 29 Grove Street POTSDAM NY 13676 USA $3,585,000.00 Date Bonds Issued: 08/30/2010 Bond Interest Rate: 2.67 Last Year Bonds Expected to be Retired: 2036 Amount of Bond Principal retired during the reporting year: $160,000 Amt of Bond Principal retired prior to reporting year: $3,829,585 Amt of Bond Principal retired prior to reporting year: Current Amount of Bonds Outstanding: $4,005,415 Current Amount of Bonds Outstanding: Purpose of project requiring Business Expansion/Startup the Bond Issuance: Canton-Potsdam Hospital Foundation $640,000 $2,785,000 Purpose of project requiring Business Expansion/Startup the Bond Issuance: Was the bond issuance expected to result in new jobs being created? Yes If yes, how many jobs were planned to be created? Was the bond issuance expected to result in new jobs being created? Yes If yes, how many jobs were planned to be created? 18 If yes, how many jobs have been created to date? 14 If yes, how many jobs have been created to date? 65 Have the bonds been fully retired? No Have the bonds been fully retired? No Page 22 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Bond Information Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: Canton-Potsdsam Hospital 50 Leroy Street this was a refinance from IDA 4001-02-01 POTSDAM NY 13676 USA $9,625,000.00 Date Bonds Issued: 08/30/2010 Bond Interest Rate: 2.67 Last Year Bonds Expected to be Retired: 2036 Amount of Bond Principal retired during the reporting year: $480,000 Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: Current Amount of Bonds Outstanding: $6,540,000 Current Amount of Bonds Outstanding: Have the bonds been fully retired? No USA Bond Interest Rate: 3.25 Amt of Bond Principal retired prior to reporting year: If yes, how many jobs have been created to date? POTSDAM NY 13676 Last Year Bonds Expected to be Retired: 2047 Amount of Bond Principal retired during the reporting year: $0 $2,605,000 Was the bond issuance expected to result in new jobs being created? Yes If yes, how many jobs were planned to be created? Box 5540 $30,275,000.00 Date Bonds Issued: 04/26/2017 Amt of Bond Principal retired prior to reporting year: Purpose of project requiring Land Acquisition/Development the Bond Issuance: /Infrastructure Costs (i.e., Water/Sewer) Clarkson University $30,275,000 Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement Was the bond issuance expected to result in new jobs being created? Yes If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? Have the bonds been fully retired? No Page 23 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Bond Information Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: Clarkson University (CDC-2012-01A) Clarkson Ave POTSDAM NY 13676 USA $18,160,000.00 Date Bonds Issued: 05/21/2012 Bond Interest Rate: Current Amount of Bonds Outstanding: $137,398 $18,022,602 Purpose of project requiring Residential Property the Bond Issuance: Construction/Acquisition/Rehabilitation/I mprovement Was the bond issuance expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? Have the bonds been fully retired? Clarkson University (CDC-2012-01B) Clarkson Ave Box 5540 POTSDAM NY 13676 USA $3,000,000.00 Date Bonds Issued: 05/21/2012 Bond Interest Rate: 2.5 Last Year Bonds Expected to be Retired: 2041 Amount of Bond Principal retired during the reporting year: $0 Amt of Bond Principal retired prior to reporting year: Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: Last Year Bonds Expected to be Retired: 2042 Amount of Bond Principal retired during the reporting year: $0 Amt of Bond Principal retired prior to reporting year: Current Amount of Bonds Outstanding: $10,440 $2,989,560 Purpose of project requiring Residential Property the Bond Issuance: Construction/Acquisition/Rehabilitation/I mprovement Was the bond issuance expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? No Have the bonds been fully retired? No Page 24 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Bond Information Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: Clarkson University Moore House Clarkson Avenue POTSDAM NY 13676 USA $14,640,000.00 Date Bonds Issued: 07/28/2011 Bond Interest Rate: 2.67 Last Year Bonds Expected to be Retired: 2042 Amount of Bond Principal retired during the reporting year: $0 Amt of Bond Principal retired prior to reporting year: Current Amount of Bonds Outstanding: $369,056 $14,270,944 Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement Was the bond issuance expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? Have the bonds been fully retired? Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: St Lawrence University (CDC-2012-03A) 23 Romoda Drive CANTON NY 13617 USA $40,180,000.00 Date Bonds Issued: 12/19/2012 Bond Interest Rate: Last Year Bonds Expected to be Retired: 2043 Amount of Bond Principal retired during the reporting year: $15,000 Amt of Bond Principal retired prior to reporting year: Current Amount of Bonds Outstanding: $0 $40,165,000 Purpose of project requiring Residential Property the Bond Issuance: Construction/Acquisition/Rehabilitation/I mprovement Was the bond issuance expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? No Have the bonds been fully retired? No Page 25 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Bond Information Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: 10 St Lawrence Health System 6119 US Highway 11 CANTON NY 13617 USA $28,500,000.00 Date Bonds Issued: 04/01/2016 Bond Interest Rate: Current Amount of Bonds Outstanding: $0 $27,882,000 Purpose of project requiring Business Expansion/Startup the Bond Issuance: Was the bond issuance expected to result in new jobs being created? Yes If yes, how many jobs were planned to be created? 39 If yes, how many jobs have been created to date? 63 Have the bonds been fully retired? St Lawrence University (CDC-2012-03B) 23 Romoda Drive CANTON NY 13617 USA $4,265,000.00 Date Bonds Issued: 12/19/2012 Bond Interest Rate: 2.75 Last Year Bonds Expected to be Retired: 2046 Amount of Bond Principal retired during the reporting year: $618,000 Amt of Bond Principal retired prior to reporting year: Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: No Last Year Bonds Expected to be Retired: 2021 Amount of Bond Principal retired during the reporting year: $0 Amt of Bond Principal retired prior to reporting year: Current Amount of Bonds Outstanding: $0 $4,265,000 Purpose of project requiring Residential Property the Bond Issuance: Construction/Acquisition/Rehabilitation/I mprovement Was the bond issuance expected to result in new jobs being created? No If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? Have the bonds been fully retired? No Page 26 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Bond Information 11 Name of Recipient of Bond Proceeds: Address Line1: Address Line2: City: State: Zip - Plus4: Province/Region: Country: Amount of Bonds Issued: St Lawrence University (CDC-2016-02) 23 Romoda Drive CANTON NY 13617 USA $56,335,000.00 Date Bonds Issued: 05/03/2016 Bond Interest Rate: Last Year Bonds Expected to be Retired: 2046 Amount of Bond Principal retired during the reporting year: $0 Amt of Bond Principal retired prior to reporting year: $0 Current Amount of Bonds Outstanding: $56,335,000 Purpose of project requiring Commercial Property the Bond Issuance: Construction/Acquisition/Revitalization/I mprovement Was the bond issuance expected to result in new jobs being created? Yes If yes, how many jobs were planned to be created? If yes, how many jobs have been created to date? Have the bonds been fully retired? No Page 27 of 28 Annual Report for St Lawrence County Industrial Development Agency Civic Development Corporation Fiscal Year Ending:12/31/2017 Run Date: 05/25/2018 Status: CERTIFIED Additional Comments: Page 28 of 28